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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (520861)1/7/2004 1:30:23 PM
From: CYBERKEN  Respond to of 769667
 
The lies and ignorance of the Clinton apologists, groupies and hangers-on that the Clinton/Rubin economic policies of class hatred and war on the private sector were somehow a success is what has become transparent since the last 18 months of the Clinton Era...



To: Kenneth E. Phillipps who wrote (520861)1/7/2004 1:32:17 PM
From: JakeStraw  Respond to of 769667
 
"Democrats Trying to Run the Train on Pure Anger"

By Jim Sparkman
Wednesday, January 07, 2004

The Democratic candidates continue to amaze the non-liberal observer. It's difficult to take it all seriously, but who really knows how far one can ride the hate-Bush wagon. Ridiculous candidates like Kucinich and Sharpton stay in the hunt. Democratic Senator Zell Miller is in a unique position to comment on all this. He does so in the Wall Street Journal.

Memo to Terry McAwful:
May the Democratic leaders get the anger they deserve.

Here are some recent headlines as I see them from the Democratic demolition derby: (1) Sharpton ''feels good,'' could feel better; (2) Kerry cusses; (3) Dean gets ''help'' from Gore; (4) Democrats ask: ''Mirror, mirror on the wall, who's the angriest one of all?''

(1) First, the Reverend ''Ready for Prime Time.'' Conventional wisdom says native Southerners John Edwards and Wesley Clark and moderate Joe Lieberman will have the edge when the primaries move South. Don't count on it. I'd be willing to bet a steak dinner (mad cow or no mad cow) that Al Sharpton will get almost as many votes as Messrs. Edwards, Clark, or Lieberman in this supposedly more friendly territory. (If they're still around, that is.) The last time there was an African-American in the primaries, Jesse Jackson blew everyone away, getting 96% of the African-American vote in the South, carrying Georgia, Virginia, Mississippi, and Louisiana, and placing second in North Carolina, Florida, Maryland, and Tennessee. It would be a tall order to match that. But Rev. Sharpton could do well because he's even more appealing than Rev. Jackson. While Jesse is sullen, Al is engaging. Can you imagine Rev. Jackson poking fun at himself? Can you imagine him on ''Saturday Night Live'' belting out James Brown's ''I Feel Good'' with a few cool moves?

Al Sharpton did a pretty good impression of the ''Godfather of Soul.'' Of course, the rotund reverend has long been the ''Godfather of Con.'' He's slick as a peeled onion. In just one short primary season, his timid fellow candidates and the even more timid media have erased the criminal Tawana Brawley shakedown. They've given this trickster who has never been elected dogcatcher a legitimacy he does not deserve: their Good Housekeeping Seal of Approval as a bona fide presidential candidate. So, get ready to start counting Rev. Sharpton's delegates. They will be impossible to ignore on national TV when the Democrats take center stage in Boston. Memo to Democratic Chairman Terry McAwful: It's called ''reaping what you sow.''

If you think this could not possibly happen, consider that not-too-distant history. Take the Georgia primary in 1988. Georgia's senior U.S. senator, governor, House speaker, and largest newspaper endorsed Al Gore. Mr. Gore was running right of center, warning that a vote for Michael Dukakis would spell defeat for the Democrats. But Jesse Jackson won Georgia with 40%. Al Gore got 32% and Mr. Dukakis, who later would carry 10 states as the nominee, got 16%.

(2) Now to ''Cussing Kerry.'' Like Alice, this campaign gets ''curiouser and curiouser.'' What will those former Gore consultants try next? The electric blue spandex surfing bodysuit didn't work. The jeans and Harley Davidson didn't work. Chet Atkins turned in his grave at the senator's guitar picking. And now comes the F-word in Rolling Stone. My mouth ain't no prayer book, but John Kerry could have asked his pal Tom Harkin of Iowa how cussing went over with voters in 1992. Like a lead balloon. It's as if Mr. Kerry will do anything to appear the ''coolest'' in the Our Gang crowd. What's next? John Kerry wearing a baseball cap sideways?

(3) Howard Dean is a hard man to feel sorry for, he's just so cocky. But I'm feeling bad for him. He's worked hard to get where he is, including finding an honorable way to raise a lot of money. But there hasn't been a leader since Julius Caesar who's had more conspirators pretending to be his friend--but really wanting him dead--than suddenly Howard Dean has today. They want his Internet contributor list. They want his energy and spontaneity. They want his secret for tapping the young antiwar crowd. So they'll endorse him, pat him on the back with a few ''atta boys,'' and secretly hope he loses.

I'm not sure what Al Gore will contribute. Is he going to advise Mr. Dean to roll down his shirtsleeves and put on a coat, preferably in earth tones? Will he teach him to speak in that stilted highfalutin way? Maybe he'll teach him how to win a Southern state. Like Tennessee.

(4) Now, about that anger. Most Democratic presidential primaries lean liberal, even in the South, and African-Americans play a huge role. In 2004, Democratic voters are going to be angrier than I've seen them since 1972. Like George McGovern in '72, Howard Dean has tapped into that anger. I think regrettably so, not only for the country but also for the party.

As this Park Avenue-born Vermont governor makes his maiden voyage South, with Southern strategist Al Gore beside him, I don't think he has to worry about pickup trucks or ''God, guns and glory,'' as he puts it. Not in the primary, not this trip. But he should be forewarned. These folks are called ''Value Voters.'' They go to church to seek salvation, not argue about bike paths. And they are just waiting to be heard from later. And they will be, loud and clear. And that's when you might hear certain folks really start cussin'.

chronwatch.com



To: Kenneth E. Phillipps who wrote (520861)1/7/2004 1:34:38 PM
From: Hope Praytochange  Respond to of 769667
 
NEW YORK (Reuters) - U.S. mortgage bankers started the year off on a busy note with applications for mortgage loans rising slightly last week, just one week after touching their lowest level of 2003, a mortgage industry trade group said on Wednesday.

The Mortgage Bankers Association said its widely watched measure of demand for loans to purchase a home, the purchase index, rose 2.9 percent to 401.3 in the Jan. 2 week.

``We're going to see purchase activity remain high as along as these rates stay low,'' said Justin Hoogendoorn, fixed income strategist at Griffin, Kubik, Stephens & Thompson in Chicago. ``Rates are still low enough to encourage purchases.''

While overall mortgage loan applications were down from a year ago, in large part due to a precipitous drop in refinancings, applications to buy a home are actually up more than 6 percent from a year ago.

Tom Meyer, president of Homebuilder Financial Network, a Miami firm which sets up lending arms and runs them for large regional home builders, said his company has already seen signs that 2004 will be busy.

``The reports from our offices throughout the country suggest a strong pickup in purchase activity,'' Meyer said, adding that many builders are expecting a ``strong'' sales year if not an increase in 2004 sales.

The mortgage banking industry trade group also reported on Wednesday that its weekly refinancing index rose 6.8 percent to 1,755.4 in the week ended Jan. 2 in spite of an increase of 0.08 percentage point in the 30-year mortgage rates to 5.81 percent.

The latest week's report includes the final days of last year and, effectively, only one business day in this year. But market observers believe 30-year mortgage rates would have to rise over 1 percent from that 5.81 percent to crimp mortgage lending dramatically.

``It would have to go north of seven percent to be an impediment. With rates below seven percent people are still going to look at the rates and say 'that's not going to be a problem,''' said Hoogendoorn.

At the same time, the MBA said its seasonally adjusted market index, a measure of overall lending activity, rose 4.5 percent to 599.9 for the week ended Jan. 2.

``The market will be very healthy in the first part of this year, the first half. Mortgage rates continue to be very modest and that will translate into a healthy market,'' said Frank Nothaft, chief economist at Freddie Mac on Tuesday, prior to the release of the report.



To: Kenneth E. Phillipps who wrote (520861)1/7/2004 1:37:03 PM
From: JakeStraw  Read Replies (1) | Respond to of 769667
 
Yeah, Clinton/Rubin were the bubble architects!!